As part of the funding allocation, Spark founder Santo Politi and Matrix general partner Antonio Rodriguez will join the Oculus VR board of directors.

“There are still many challenging problems to solve, but with the support of these great investment partners, and our passionate community, we will continue to hire the brightest minds and stay laser focused on delivering the very best virtual reality platform possible,” Oculus VR CEO Brendan Iribe added.

Oculus Rift funded its initial development through a very popular Kickstarter, but although dev kits have been made available to backers and developers, it’s a long way from retailing for consumers.